Table of Contents
- 1 Is trailing stop loss available in Fyers?
- 2 How do you set trailing stop loss on Fyers?
- 3 Is trailing stop loss automatic?
- 4 Does Coinbase Pro have trailing stop loss?
- 5 What is a trailing stop limit order in Fyers?
- 6 What is the effect of the trailing stop-loss order?
- 7 What happens to the stop-loss price if the stock price increases?
Is trailing stop loss available in Fyers?
2. Trailing stop-loss: In the bracket order, you get an option to activate the trailing stop-loss while placing an order. The trailing stop-loss function helps to keep your stop-loss price moving up/down if the stock price/position moves in the profitable direction.
How do you set trailing stop loss on Fyers?
For example, Mr X bought shares @ ₹100. He places a trailing stop loss order @ ₹90 with a trailing gap of ₹10. If the stock price goes up to ₹105, the stop loss price will also recalculate itself to ₹ 95 maintain the trailing gap. So if the price moves further up to ₹130, the stop-loss price will become ₹120.
How do you activate trailing stop loss?
Here’s how to do it:
- Identify the previous swing low.
- Set your trailing stop loss below the swing low.
- If the price closes below it, exit the trade.
Is trailing stop loss automatic?
An automatic trailing stop loss automatically adjusts its position as the price of an asset moves in your favour. A benefit of a trailing stop is that it enables you to walk away from an open trade, leaving the automatic trailing stop loss to manage it for you.
Does Coinbase Pro have trailing stop loss?
ZERO crypto exchanges support Trailing Stop Limit orders. You can use Trailing Stop orders whether you trade on Binance, Coinbase Pro, Kraken, Bittrex, or any of the other 25 (and counting) exchanges in the app. Trailing Stop orders could be a bit overwhelming at first and take some time to get a hold of.
How good is Fyers for trading?
They are among the cheapest stock broker online. Fyers simple pricing model offers trading across segments for same flat brokerage fee of maximum Rs 20 per executed order. No matter how big your order, Fyers charge maximum of Rs 20 per executed order. Fyer doesn’t charge any brokerage in Equity Delivery segment.
What is a trailing stop limit order in Fyers?
Author Fyers Team. Category Order Types. A trailing stop limit order is designed to allow an investor to specify a limit on the maximum possible loss, without setting a limit on the maximum possible gain. These orders continuously recalculate the stop-loss price at a fixed amount below the market price, based on the user-defined “trailing” amount.
What is the effect of the trailing stop-loss order?
– Fyers What is the effect of the trailing stop-loss order? This order enables the investor to state the maximum possible loss without sacrificing the profits. Such orders help investors to lock in profits if the share price moves in their favour as the stop loss price will automatically recalculate to maintain the trailing gap amount.
What is stopstop-loss order (leg -2)?
Stop-loss order (Leg -2) The main order (Leg -1) is entered when you take a new position either buy or sell using the bracket order product type. As mentioned earlier, this is always entered as a “Limit Order” into the system. Therefore, this order can be modified as long as it gets executed.
What happens to the stop-loss price if the stock price increases?
If the stock price goes up to ₹105, the stop loss price will also recalculate itself to ₹ 95 maintain the trailing gap. So if the price moves further up to ₹130, the stop-loss price will become ₹120. But suppose the stock price starts falling to ₹125, the stop-loss price will remain @ ₹120.